Tax Deducted at Source (TDS) is not applicable to Systematic Withdrawal Plan (SWP). However, the capital gains are taxed according to the type of mutual fund in the following manner:
|
Type |
Short Term Capital Gains Tax |
Long Term Capital Gains Tax |
|
Equity fund |
15% |
10% |
|
Debt fund |
As per income tax slab |
20% after indexation |
